Global

June 26, 2025 @ 2:46 am By Omar Faridi  |  

AI boosts productivity and profitability for UK businesses. The vast majority of businesses using AI say the technology has “helped them to boost their productivity and profitability,” new research from Lloyds’ Business Barometer. Of the 59% of UK companies currently using AI, “more than three… Read More

June 26, 2025 @ 1:47 am By Omar Faridi  |  

Bank of Ireland’s Savings and Investment Index fell back in Q2 2025, with a drop in both the proportion of people who say they are saving and in those who believe they are saving enough. The Savings and Investment Index dropped “to 87 in Q2… Read More

June 26, 2025 @ 12:18 am By Omar Faridi  |  

GoCardless, a bank payment company, has expanded its partnership with FreeAgent, a cloud-based business accounting software for small businesses, freelancers, and their accountants, to provide faster and more convenient payment solutions to their customers. GoCardless’s Instant Bank Pay, its open banking-powered payment solution, and Success+, the… Read More

June 25, 2025 @ 11:40 pm By Omar Faridi  |  

In the evolving ecosystem of wealth management, staying ahead requires tools that deliver precision, scalability, and actionable insights. Addepar, a global technology and data platform for investment professionals, has introduced significant updates to its trading infrastructure and a new drift monitoring capability, reinforcing its commitment… Read More

June 25, 2025 @ 10:20 pm By Omar Faridi  |  

In a step toward a sustainable Australia, the Commonwealth Bank of Australia (CBA) has unveiled two major initiatives aimed at empowering individuals and businesses to embrace energy efficiency and environmental responsibility. Launched recently, the Home Energy Upgrades service and Australia’s first Sustainable Finance Taxonomy underscore… Read More

June 25, 2025 @ 8:44 pm By Omar Faridi  |  

In a report by blockchain security firm SlowMist, HuionePay, a Telegram-based payment platform, has emerged as a focal point in the global fight against illicit cryptocurrency activities. According to the analysis, conducted using SlowMist’s anti-money laundering (AML) tool MistTrack and public blockchain data, HuionePay processed… Read More

June 25, 2025 @ 4:43 pm By JD Alois  |  

Open banking enabler Frollo is targeting the home buyer market with a new service for mortgage brokers. The service features an expedited way to verify financial data while adhering to the Open Banking and the Government-regulated Consumer Data Right (CDR) framework, enacted in Australia. Frollo… Read More

June 25, 2025 @ 4:36 pm By Omar Faridi  |  

Apollo Global Management’s tokenized private credit fund, managed in partnership with Securitize, reaches a significant $100 million in on-chain assets. This milestone underscores the growing acceptance of blockchain technology in traditional finance. It reflects a broader trend where digital innovation is reshaping private credit markets,… Read More

June 25, 2025 @ 4:13 pm By Omar Faridi  |  

Gemini, the regulated cryptocurrency exchange founded by Cameron and Tyler Winklevoss, continues to innovate in the digital asset space with a trio of recent updates that cater to both retail and institutional investors. From an enhanced rewards program for its Bitcoin Credit Card to the… Read More

June 25, 2025 @ 12:47 pm By Omar Faridi  |  

In a step toward enhancing global financial operations, Remitly, a digital remittance provider, has launched its International Business Payments service, announced on June 18, 2025. This new offering expands Remitly’s portfolio beyond consumer remittances, catering specifically to businesses, freelancers, and sole proprietors seeking fast, reliable,… Read More

June 25, 2025 @ 12:22 pm By Omar Faridi  |  

Wyden, the provider of institutional digital asset trading infrastructure for regulated institutions, and Garanti BBVA Kripto, a subsidiary of Garanti BBVA, one of Turkey’s largest banks, have announced a strategic partnership to support the growth of Garanti BBVA Kripto’s digital asset trading offering to its… Read More

June 25, 2025 @ 8:35 am By Omar Faridi  |  

Coin Metrics noted that Circle Internet Group (NASDAQ:CRCL), the issuer of USD Coin (USDC), has seen its market capitalization surge to $63 billion following its NYSE debut on June 5, 2025, outpacing the $61 billion in USDC circulating supply. The explosive 700% rally in Circle’s… Read More

June 25, 2025 @ 3:59 am By Tony Zerucha  |  

Quranium, a provider of quantum-secure blockchain infrastructure, has launched QSafe Wallet, a crypto wallet designed to protect digital assets in the quantum era. Built with SLHDSA and ML-KEM, two post-quantum cryptographic algorithms selected by the National Institute of Standards and Technology (NIST), QSafe offers quantum-resilient… Read More

June 25, 2025 @ 12:42 am By Omar Faridi  |  

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to reshape financial markets, payments, and monetary systems by leveraging tokenization to enhance efficiency, transparency,… Read More

June 24, 2025 @ 11:04 pm By Tony Zerucha  |  

Naoris Protocol, a quantum-resistant blockchain and cybersecurity mesh architecture, has announced an MOU with MiCA-compliant digital asset exchange ZBX. Together, they will create what they said is the world’s first crypto exchange fortified against quantum computing threats. Through this partnership, ZBX will integrate Naoris Protocol’s… Read More

June 24, 2025 @ 10:47 pm By Omar Faridi  |  

In a move to redefine the digital landscape, Elon Musk’s X platform is gearing up to introduce in-app trading and investment capabilities, marking a significant step toward its transformation into a comprehensive “super app.” Announced by X CEO Linda Yaccarino at the Cannes Lions advertising… Read More

June 24, 2025 @ 9:44 pm By Omar Faridi  |  

In a move signaling a potential shift in the U.S. financial landscape, newly appointed Securities and Exchange Commission (SEC) Chair Paul Atkins has outlined a vision to position the United States as the world’s leading hub for cryptocurrency and digital asset innovation. Speaking on Fox… Read More

June 24, 2025 @ 8:40 pm By Omar Faridi  |  

The financial technology sector is at a pivotal juncture, as outlined in the recent report, Fintech’s Next Chapter, released by Webflow. This comprehensive update explores the evolving landscape of Fintech, highlighting its transformative potential, regulatory challenges, and role in fostering financial inclusion across global economies…. Read More

June 24, 2025 @ 8:37 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin, USDT, has recently made headlines with a series of strategic initiatives that indicate its commitment to compliance, diversification, and global expansion. These efforts, spanning law enforcement collaboration, investment in hard assets, and fostering digital asset adoption in… Read More

June 24, 2025 @ 3:58 pm By Omar Faridi  |  

The global asset management industry is undergoing a profound transformation, driven by structural shifts and technological advancements. Two recent reports from Citi provide critical insights into these changes. These updates, based on research and industry expertise, outline the challenges and opportunities shaping the future of… Read More